This year I am 37 years old, I settled in Hangzhou, and I have two houses

One for my parents and one for myself $KNC

It may be hard for some to believe, but all of this was earned through 8 years of struggles in the cryptocurrency circle

When I first entered the market, I only invested 250,000 as principal, but during the market crash, I was left with only 60,000 in my account

That time was particularly agonizing, but I didn’t panic and follow the crowd; I stuck to my own clumsy methods and endured, eventually rolling my funds to several million

The most impressive time, my base fund increased 300 times in just 3 months, earning me 30 million in one go

Looking back now, even I feel like a legend, but this is a solid and real experience $C

As a full-time cryptocurrency trader, I have always written down several trading rules on sticky notes and posted them in front of my computer screen and desk to remind myself daily not to fall into traps

Today I want to share my insights from these years with friends still exploring in the cryptocurrency circle, hoping to help everyone

First, always remember that mindset is more important than skills

If funds are limited, be even more cautious in planning; capturing two trend opportunities a year is enough, don’t always be fully invested, keeping 30% of funds for emergencies is prudent

Secondly, returns are proportional to understanding

Simulated trading can help you familiarize yourself with the rules, but when real money is at stake, psychological fluctuations and decision-making pressures are completely different; only real combat can truly improve trading skills

For medium to long-term trades, you need to have sufficient liquid funds

If prices rise beyond expectations, sell 20%, and if it breaks through support levels, buy back 10%; this can help average out costs and respond flexibly to market conditions

Also, set stop losses; once it breaks the preset level, don’t hold onto the illusion of a rebound, exit immediately; protecting principal is always the top priority

If you’re day trading, it’s recommended to closely monitor the 30-minute candlestick chart, using MACD to find buy and sell points; indicators like KDJ and Bollinger Bands can also assist in judgment

In fact, making profits in cryptocurrency trading is quite simple:

Break free from the pattern of seven losses, two break-evens, and one gain; the key is focus, don’t be greedy and try to test all strategies

Stick to a trading system, persist with it, and over time it will naturally become your profit tool @强哥在带单